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Underwriter, Commercial Express in Wilmington, DE at Chubb Group of Insurance Companies

Date Posted: 9/10/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Wilmington
    Wilmington, DE
  • Job Type:
  • Experience:
    1 to 3 years
  • Date Posted:
    9/10/2018

Job Description

Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

SCOPE:

Qualified candidates must possess a strong understanding of Property and Casualty insurance concepts and products as evidenced by successful experience in the Property and Casualty insurance arena; analytical ability to be capable of judging the feasibility of underwriting risks within assigned areas; ability to function in a department which develops several million dollars in premium annually through handling a large volume of small premium accounts, and ability to meet or succeed transaction time standards set by the team manager by adhering to sound time management practices.   International insurance experience is preferred.

Take ownership of territory for the Commercial Express book of business which can include marketing for Chubb’s Multinational P&C product as well as coordination of coverage with our Commercial Insurance colleagues.

 

MAJOR DUTIES & RESPONSIBILITIES:

Duties may include but are not limited to:

- Underwrite individual risks in a high unit volume environment.  Evaluate, analyze and quote package renewal submissions consisting of Casualty lines at the core and ancillary/supporting lines of Property, Kidnap & Extortion and Accident & Health

- Comply with Best Underwriting Practices and Legal standards

- Maintain proper electronic file documentation per current procedures

- Handle account portfolio within underwriting authority

- Achieve rate and renewal retention according to business goals

- Identify and pursue account growth through review of insured’s website and application data

- Build and maintain relationships with key brokers/agents within assigned territory

- Integrate special projects and tasks without impacting ability to complete existing workload

- Work effectively as part of a team

MINIMUM REQUIREMENTS:

- 1-3 years underwriting experience

- Experience underwriting multiple lines of insurance

- Bachelor’s degree

DESIRED QUALIFICATIONS:

- Knowledge of insurance industry (Chubb Commercial Products and Services a plus)

- Knowledge of underwriting concepts, practices, and procedures

- Ability to work independently, self-manage, organize and prioritize work with minimal direction; perform multiple tasks simultaneously with ability to shift focus quickly

- Proficiency in Microsoft Word, Excel, Outlook and Internet usage

- Outstanding interpersonal skills; ability to establish trust and effective working relationships with internal team, field marketing team and Brokers/Agents

- Foreign language skills a plus

- Previous work with Brokers/agents is preferred

- Ability to travel 10-15%

- Basic leadership skills

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.